Credit Karma’s Offerings
San Francisco-based Credit Karma is one such company that is providing consumers a way to track their credit score and benefit from it. Credit Karma was founded in 2007 by Kenneth Lin to offer consumers deeper insight into their credit score. Their tool helps consumers understand what goes into the making of their credit report and provides additional services to help them manage their credit score better.

They are also expanding their offerings and are working on partnering with financial institutions to offer a recommendation and origination service that will help consumers manage their debt. Ultimately, Credit Karma wants to become the “Kayak for the financial services industry” by being able to offer to the consumers a one stop search engine best suited for their financial analysis needs.

The company remains venture funded and has so far raised four rounds to fund $118.5 million from investors including Google Capital, Tiger Global Management, Susquehanna Growth Equity, Ribbit Capital, 500 Startups, Susquehanna Growth Equity, Angel LLC, QED Investors, SV Angel, Founders Fund, and Felicis Ventures. Their latest round of funding was held in March this year when they raised $85 million in a round led by Google Capital at an undisclosed valuation. The company plans to use these funds to continue hiring staff to manage growth.